Realtor: Maricopa real estate supply, demand slowing
by Brian Petersheim | inMaricopa
via inMaricopa
In July 2019 real estate was starting to cool down. Many of the buyers in the Maricopa market have purchased their homes and moved in before school started. The market is still great for buying and selling. Even though demand is slowing, supply is also dropping. Experts agree that upward price trends will continue but slow.
July’s median list price in Maricopa was $239,500 (- $400 from last month)
July-Average price per sqft was $113 (-$3 per sqft from last month)
July-Average home days on the market was 66 (which is a 9 day increase from last month)
Homes under $200,000 averaged 56 days on the market, while more expensive homes over $300,000 averaged 82 days on the market
